PrSM spending would pass $500 million under FY-23 request

By Ethan Sterenfeld / April 29, 2022 at 12:55 PM
The Army wants to spend more than half-a-billion dollars to procure, develop, test and improve the Precision Strike Missile in fiscal year 2023 through multiple lines of effort, as the service ramps up funding for one of its long-range fires priorities. Procurement spending on PrSM, a new cruise missile that is one of the Army’s 35 priority modernization programs, would increase to $213 million under the service’s FY-23 budget request. The Army requested $166 million for PrSM procurement for FY-22,...

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